Redford & Co's knowledge and service is outstanding and their advice, reliable. I trust them and their team implicitly
Redford & Co are an exceptionally professional practice, they give expert advice with thorough explanation and insight
Redford & Co's approach is friendly and personal while their service is highly professional and relevant showing a good understanding of our business
It's a pleasure being advised by a family business of considerable standing that takes a genuine interest in my personal life and circumstances
Redford & Co's warm, personal, considered, informed and calm approach continues to impress me
Redford & Co has considerable experience on advising SME's and have helped grow my business as well as advising on tax savings
Use this basic calculator to estimate your capital gains tax liability.
The above result is, as indicated above only, a first check. If you have a liability we strongly recommend that you contact us. It is our role to ensure you minimise your tax liability.
If you are a higher rate or additional rate tax payer your gain will be taxed at 28%. For individuals where total income and gains are less than the upper limit of the income tax basic rate band the liability on the gain will be calculated at 18%. This calculator enables you to calculate an initial liability to capital gains tax, but does not take into account a situation where a portion of the gain is taxable at 18% and a portion at 28%.
Entrepreneurs' relief
The rate of capital gains tax qualifying for entrepreneurs' relief is 10%. The lifetime limit on gains qualifying for entrepreneurs' relief increased from £5 million to £10 million from 6 April 2011.
In calculating the gain you may deduct certain costs. Please contact us to discuss your options for minimising your capital gains tax liability.
The capital gains tax in 2013/14 is payable on or before 31 January 2015
